Hyderabad's Old City Gets a Facelift: GHMC's Road Widening Project to Boost Travel and Real Estate
GHMC's road widening project in Old City is expected to cut travel time and boost real estate activity, with over 300 properties identified for widening and compensation paid to 100 property owners.
HyderabadGhmcRoad WideningOld CityReal EstateReal Estate NewsJul 29, 2024
The road widening project, which is progressing at a brisk pace, has already seen the demolition of half a dozen buildings, with compensation paid to around 100 property owners. The GHMC has identified over 300 properties for widening, and the process is expected to be completed within a year. Local realtors are optimistic about the project's impact on the real estate sector, expecting a surge in business and real estate activity once the widened road is completed.
According to Mohd Shukoor, a local realtor,
Frequently Asked Questions
What is the scope of the GHMC's road widening project in Old City?
The project involves widening a two-kilometer stretch from Falaknuma bus depot to Shastripuram Junction via Vattepally.
How many properties have been identified for road widening?
Over 300 properties have been identified for road widening.
What is the expected impact of the project on real estate activity?
The project is expected to boost real estate activity, with local realtors anticipating a surge in business and real estate activity once the widened road is completed.
How long is the RoB construction at Udamgadda expected to take?
The RoB construction at Udamgadda has been ongoing for the past three years and is expected to take another year to complete.
What is the expected completion timeframe for the road widening project?
The project is expected to be completed within a year.
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